Meeting Details

  • Date: Wednesday, August 26, 2026
  • Time: 2:00 PM
  • Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office of the Company at C-61, C-61 (A&B), Road No. 1-C, V.K.I. Area, Jaipur, Rajasthan-302013

Proposed Resolutions and Implications

Ordinary Business:

1. Item No. 1: Adoption of audited financial statements for FY ended March 31, 2026 and reports of Board of Directors and auditors

2. Item No. 2: Re-appointment of Mr. Ashish Mangal (DIN: 00432213) as Director liable to retire by rotation

3. Item No. 3: Re-appointment of Mr. Sumer Singh Punia (DIN: 08393562) as Director liable to retire by rotation

Special Business:

4. Item No. 4: Ratification of remuneration payable to Cost Auditors M/s. Maharwal & Associates (Firm Registration No. 101556) for FY 2026-27 at ₹50,000 plus applicable taxes and out-of-pocket expenses

5. Item No. 5: Appointment of M/s. SKMG & Co., Practicing Company Secretaries (Firm Registration No. 4063) as Secretarial Auditors for FY 2026-27 at remuneration of ₹2,31,000 plus applicable taxes and out-of-pocket expenses

6. Item No. 6: Adoption and implementation of "Mangal Electrical Industries Limited - Employee Stock Option Plan 2025" (MEIL - ESOP 2025) for grant of up to 15,00,000 equity shares to eligible employees

7. Item No. 7: Extension of ESOP 2025 benefits to employees of holding company, subsidiary companies, associate companies, and group companies (present and future)

8. Item No. 8: Appointment of Ms. Neha Rathi (DIN: 11814524) as Independent Director (Non-Executive) for five years from July 29, 2026 to July 28, 2031

Voting Process and Methods

  • Remote e-voting: Available through Bigshare Services Pvt. Ltd. from August 22, 2026 (10:00 AM) to August 25, 2026 (5:00 PM)
  • E-voting at AGM: Available for members who have not voted remotely
  • Voting platform: https://ivote.bigshareonline.com
  • Record Date: Monday, August 17, 2026 for determining voting eligibility
  • Cut-off Date: Monday, August 17, 2026 for determining members eligible to attend and vote
  • Voting methods:
  • Individual demat holders can vote through CDSL/NSDL platforms
  • Physical shareholders and others can vote through Bigshare portal
  • Institutional members must submit board resolutions authorizing representatives

Key Voting Outcomes and Participation

  • Scrutinizer: Ms. Neha Mathur, COP-24896 (Membership No.: ACS54845), Practicing Company Secretary appointed to scrutinize remote e-voting and voting at AGM
  • Result declaration: Scrutinizer will submit report within 2 working days from completion of e-voting
  • Results publication: To be placed on company website https://www.mangals.com and communicated to stock exchanges

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Companies Act, 2013 and rules made thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circular No. 03/2025 dated September 22, 2025
  • SEBI Circulars regarding virtual meetings
  • Secretarial Standards on General Meetings (SS-2)

Additional Information

  • Documents available: Register of Directors, Register of Contracts, Secretarial Auditor Certificate, Memorandum and Articles of Association
  • Inspection: Available electronically during AGM upon request to compliance@mangals.com
  • Queries: Members can register as speakers or send questions to compliance@mangals.com by August 17, 2026
  • Online Dispute Resolution: Available through SEBI's ODR Portal (https://smartodr.in/login)
  • Contact: +91-141-403-6113, compliance@mangals.com, www.mangals.com

Shareholder Participation Details

  • Members holding more than 2% paid-up equity, institutional investors, directors, KMPs, and auditors not subject to first-come-first-serve restrictions
  • Joint holders: Only first-named holder can vote unless first holder hasn't voted remotely
  • Proxy facility not available for virtual meeting
  • Attendance through VC/OAVM counted for quorum under Section 103 of Companies Act, 2013